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Microcap & Penny Stocks : Bid.com International (BIDS)

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To: Thomas Kirwin who wrote (19485)4/12/1999 9:00:00 PM
From: Denise D  Read Replies (3) of 37507
 
Tom,

Now that's not nice. There is nothing new to report. We are still in retracement.

Hard to say what will happen Monday, I would guess Bid.Com will still be correcting, and may hit $23 again.

The technicals say (depending on the chart period you're looking at) that the MACD moved in and out of oversold area on Friday and although there are early indications we may be starting to head upwards again, it is just a hint. The moving averages are all mashed together, and Momentum is hovering right around zero, indicating we are still not out of the woods yet.

Message 8824187

Hmm, we hit a low of $23.25 today. MAs are still all mashed together, and Momentum is still hovering around zero. Guess I wasn't too far off.

Denise.
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